Global Aquaculture Market Share, Outlook, Future Growth and Opportunities by 2026
According to the latest report by IMARC Group, titled, “ Aquaculture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 ", the global aquaculture market reached a value of around US$ 156.6 Billion in 2020. Aquaculture or aqua-farming refers to the cultivation of fishes, mollusks, crustaceans and other aquatic species in a controlled environment. It involves rearing, breeding, and harvesting of aquatic organisms in diverse types of water environments, including freshwater, marine water, and brackish water. The expanding aquaculture sector is primarily driven by the growing consumption of fishes, shrimps, lobsters, crabs, mollusks, etc., across the globe. These aquatic food products experience a high demand based on numerous associated health benefits, such as the reduced risk of cardiovascular diseases, enhanced metabolism, improved digestion, proper bone development, etc. Market Trends Numerous aquaculture practices are adopted for gaining co...